The hidden power of Unit Trusts in retirement planning
Friday, May 02, 2025 | 710 Views |
Sharing insights: Mahupela
Planning for retirement is a significant financial challenge that most Batswana face which often involves balancing the need for financial security in the future with the desire to enjoy life in the present. While traditional retirement funds are essential components of retirement planning, they may not always be sufficient to ensure a comfortable retirement. This is where unit trusts come into play, offering a strategic opportunity to set you up for the future or supplement your existing retirement scheme.
In this article, we explore how investing in a unit trust can be a strategic addition to an existing retirement scheme for those who are formally employed. For the self-employed and employees on contracts, it presents a compelling alternative to traditional retirement savings options. We explore how unit trusts can provide both diversification benefits and growth potential, enhancing financial security for those looking to secure their future, regardless of employment status.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...